4.3 Variable Contracts

In this section

• 4.3.1 Variable Annuities
  • Variable Annuities Structure and Features
    Explore the comprehensive structure and features of variable annuities, including investment options, tax-deferred growth, and income payments, to master the Series 6 Exam.
  • Accumulation and Annuity Phases in Variable Annuities
    Explore the intricacies of the accumulation and annuity phases in variable annuities, key components of the Series 6 Exam. Understand how contributions purchase accumulation units, the transition to annuity units, and the impact of market performance on income payments.
  • Variable Annuities Payout Options: Maximizing Retirement Income
    Explore the different payout options available for variable annuities, including life annuity, life annuity with period certain, joint and survivor annuity, and lump-sum withdrawal. Understand factors affecting payment amounts and the irrevocable nature of annuitization choices.
  • Variable Annuities: Expenses and Fees
    Explore the comprehensive breakdown of expenses and fees associated with variable annuities, including mortality and expense risk charges, investment management fees, and more. Understand their impact on investment returns and learn how to compare annuity contracts effectively.
• 4.3.2 Variable Life Insurance
  • Variable Life Insurance Policy Structure: Comprehensive Guide for Series 6 Exam Mastery
    Master the Series 6 Exam with in-depth knowledge of variable life insurance policy structure, including investment options, premium mechanics, and risk considerations.
  • Variable Life Insurance Death Benefit Options
    Explore the two primary death benefit options in variable life insurance: Option A (Level Death Benefit) and Option B (Increasing Death Benefit). Understand their implications on premiums, cash value accumulation, and policy costs.
  • Policy Loans and Cash Surrender in Variable Life Insurance
    Explore the intricacies of policy loans and cash surrender options in variable life insurance, including their impact on death benefits, potential charges, and tax implications.
• 4.3.3 Suitability and Sales Practices
  • Disclosure Requirements for Variable Contracts
    Explore the essential disclosure requirements for variable contracts, focusing on full and fair disclosure, prospectus delivery, fees, expenses, risks, and tax implications. This comprehensive guide aligns with FINRA and SEC regulations, equipping you with the knowledge to ensure compliance and client understanding.
  • Replacement Rules for Variable Contracts: A Comprehensive Guide
    Explore the intricacies of replacement rules for variable contracts, focusing on regulatory requirements, comparisons, and best practices to ensure client interests are prioritized.